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2004
Credit Suisse v. India Credit Suisse First Boston v. Republic of India
Nationality of the parties
India
Switzerland
Summary of matters at issue
Creditor of loans associated with the financing of the Dabhol energy project in Maharashtra, India.
Claims arising out of respondent's alleged failure to protect the investor's loans in the Dabhol combined cycle power plant project in India, the default of which resulted in significant losses to the claimant's financing of the failed project.
Economic sector and subsector
Tertiary: D - Electricity, gas, steam and air conditioning supply
35 - Electricity, gas, steam and air conditioning supply
Arbitral rules and administering institution
UNCITRAL
None (no administering institution)
Composition of tribunal
Schreuer, C. H.
Greenwood, C.
Name not available
Status/Outcome of original proceedings
Settled
Decisions rendered
Data not available
Amount of compensation
42.80 mln USD
Non-pecuniary relief
IIA breaches alleged/found
Data not available
Not applicable - settled or discontinued before decision on liability
Follow-on proceedings
Data not available
Link to Italaw's case page